SHRADDHA LADE
Chartered Accountant
Dubai, UAE
Summary of Career
1. Preparing Financial Statements Including Consolidated Financial Statements of 50 companies
2. Provide management with monthly reports, analysis and presentations of performance
3. Analyse reasons variance of Actuals vs Budget
4. Drive overall annual budget for the business units including setting targets for sales team
5. Prepare annual and quarterly board presentations, press release
6. Coordinate with internal and statutory auditors for audit purposes
7. Identifying areas where exceptional issues needs to be highlighted
8. Develop and improve financial statements
9. Assisting in month end close activity
10. Analyse impact of new accounting frameworks or new law enforcements on the organisation
Awarded cash prize of INR 100,000 for contributing in successful Qualified Institutional Placements (QIP) at Majesco
Experience as Manager – FP&A
20 September 2012
17 December 2014
o Perform monthly closing and finalization of accounts including consolidation of 50 companies
o Coordinating with Statutory, Internal and Tax Auditors for on the completion of Audits
o Assisted in SAP Data Migration relating to corporate restructuring (Merger & Demerger) of 10 companies
o Identifying and analyzing areas where exceptional issues were to be highlighted and getting exceptional reports developed
Experience as Assistant Manager – Corporate Accounts
06 January 2014
19 September 2014
o Responsible for annual consolidation of 3 Indian and 3 Foreign subsidiaries
o Ensured proper monthly corporate accounting including calculation and posting of expense provisions
o Prepared reports for analyzing overhead variance for various profit centers and cost centers
o Analyzed the impact of New Companies Act 2013 on Fixed Assets and computed revised valuations
Experience as Assistant Manager – Finance
16 March 2015
15 November 2015
o Manage and track the performance of 50 retail stores including reconciliation of sales, collections and Inventory
o Develop, improve and issue timely monthly financial statements, financial plans, budgets, and financial forecasts
o Assist in establishing processes for accounting functions like Payables, Receivables, Billings and Treasury
o Implementation of local accounting system Tally ERP to ensure smooth accounting and month data transfer to PeopleSoft
Experience as Assistant Manager – Accounts & Finance
25 January 2016
30 September 2019
Financial Planning & Analysis, Management Reporting, Business Performance Analysis
o Provide Management with monthly reports, analysis and presentation across all business verticals
o Provide monthly variance explanations of performance against budget and forecasts
o Analyze customer segment wise financial performance along with SG&A and Product expense analysis
o Drive the overall annual budgets for the business unit including setting targets for sales team
o Responsible for calculating sales incentives and per hour employee cost across all business verticals & grades
o Prepared quarterly / annual Board presentations, press release and annual reports
Financial Reporting
o Prepare monthly consolidation and related financial statement reports (balance sheet, income statement, cash flow, equity movements, etc.) in accordance with Generally Accepted Accounting Principles (GAAP)
o Assist with month end close process including variance analysis
o Compiling Notes to the Accounts & related statements as required by under Indian-AS, IND-AS and US- GAAP
o Perform Reconciliations of IND_AS and USGAAP – EBITA, Net Profit, Net worth and Inter-company Transactions
Business Intelligence Initiatives
o Led the initiative to automate reports which improved efficiency by 50%
o Implementation of SAP BPC for streamlining consolidation process
Other 19 July 2012
CA in 1st AttemptBachelor 19 August 2011
B.Com with 1st Class